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Article #253: What Is Ecommerce?

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Electronic commerce, or e-commerce, to business (B2B), business to consumer
refers to the use of the Internet at any (B2C), business to administration (B2A),
point during the buying and selling of business to employee (B2E) or customer to
goods. The term is commonly used to refer customer (C2C). These classifications can
to transactions where an actual payment be broken down into further sub-groups.
has been made online via a credit card. For example, a B2B activity could be a
But e-commerce also involves other online vertical e-marketplace that offers goods
activities such as marketing, or services to businesses within a
distribution and servicing of products specific industry segment. Alternatively,
over the Internet. Electronic commerce it could be a horizontal e-marketplace
often relies on technologies such as that offers services to businesses
e-mail and enterprise resource planning irrespective of industry segment.
applications for transaction completion E-commerce continues to grow in
and order fulfillment. popularity and a large amount of business
The term e-business is usually is transacted online every year. But it's
interchangeable with e-commerce. However, worth noting that it also presents many
some definitions treat Electronic challenges for governments and regulatory
commerce as a subset of e-business. In bodies, which can also affect your
these cases, a clear distinction is made business. The United Kingdom has
between transactions that involve the relatively clear Electronic commerce
exchange of money online and those that definitions and laws. But with its
don't. A transaction where a payment is decentralised and complicated tax
made online is defined as e-commerce. And structure, the United States still has a
e-business is used to refer to all moratorium on new, multiple or
non-fiscal online transactions that discriminatory Internet taxes. In 2000,
facilitate and support the actual sale. an advisory commission on e-commerce in
Electronic commerce can involve the United States failed to reach a
commercial activity between different conclusive agreement on Electronic
interest groups. These could be business commerce taxation.






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